Rocket Mortgage Expands Resources and Support for Detroit Homebuyers — RISMedia
The new Rocket Mortgage initiative includes $2,500 in lender credits when purchasing a primary residence in Detroit.
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The new Rocket Mortgage initiative includes $2,500 in lender credits when purchasing a primary residence in Detroit.
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DBusiness Magazine DBusiness Daily Update: Lawrence Tech Wins Fourth Collegiate Autonomous Vehicle Title, Pistons Rookie Bey Named Sunday Grand Marshal for Grand Prix, and More Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message. As judges (in yellow shirts) monitor the competition, the LTU Self-Drive Challenge car, prepares for a run. // Courtesy of Lawrence Tech Our roundup of the latest news from metro Detro...
City of Detroit providing $1.5 million to effort; Rocket Community Fund gives $750,000 More nonprofits expected to join network later this year A new nonprofit collaborative aimed at improving access to housing and financial stability services for Detroit has attracted $2.2 million in funding. The six Detroit nonprofit members of the Detroit Housing Network will use the funding to strengthen and grow housing assistance programs, including mortgage and financial counseling, property tax foreclosure prevention, home repair assistance and assistance to low-income households seeking to become ho...
View Comments A group of six Detroit-based housing nonprofits are coming together to create the Detroit Housing Network, an effort to boost housing stability and affordable home ownership in the city. The work, announced Thursday, is backed by a $2.2 million dollar investment from the city of Detroit and Rocket Community Fund. The aim is to grow resources for homeowners. Services will include: mortgage and financial counseling, property tax foreclosure prevention, home repair help, utility assistance and assistance for households with low incomes who want to become homeowners. ...